1130 E Hellman St, Long Beach, CA 90813

  • $1,250,000

Description

This newly renovated 6 unit building is a strong investment opportunity. Located in the North Alamitos Beach neighborhood of Long Beach, all 6 units were completely remodeled down to the studs and have new floors, kitchens, countertops, bathrooms, appliances, and laundry inside. Each unit is a 1 Bed, 1 Bath with all the quality finishes pictured here. Included are 4 rent-producing garages with new garage doors and fresh paint throughout. This is a great income property currently operating at a Cap rate of 5.4% and reliable occupied tenants with long term 12-month leases. Property is a short drive from a robust downtown area with shopping and theaters, Alamitos Beach, the historic Queen Mary, the convention center, colleges, golf courses, and freeways.

Address

  • City Long Beach
  • State/county CA
  • Country United States

Details

Updated on December 11, 2019 at 8:55 pm
  • Price: $1,250,000
  • Property Size: 2,640 Sq Ft
  • Property Type: Multifamily
  • Property Status: Sold

Overview

  • Multifamily
  • Property Type
  • 2,640
  • Sq Ft

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